Carbon offsetting is a widespread tool in efforts to achieve net zero emissions. But current approaches to offsetting are unlikely to deliver the types of offsets needed to achieve global climate goals. Net zero pledges from many companies, such as those recently from BP and Google, and the recent 2060 “carbon neutrality” pledge from China are likely to use offsets. But what types of offsets are acceptable and under what conditions should they be used?
The Oxford Principles for Net Zero Aligned Carbon Offsetting (or ‘The Oxford Offsetting Principles’) provide guidelines to help ensure offsetting actually helps to achieve a net zero society. Join our launch event to hear from the authors and leading stakeholders. The event consists of two parts:
Presentations from several authors, including:
Myles Allen on the importance of long-lived CO2 storage
Ben Caldecott on creating demand for credible offsets and the role of sustainable finance in scaling supply
Tom Hale on issues of policy, politics, and governance
Yadvinder Malhi CBE FRS on the critical role of nature-based solutions and permanence in delivering net zero
A panel of leading companies and stakeholders with credible approaches to offsetting. Participants to be announced.